The global pet furniture market size is estimated to reach USD 2.44 billion by 2030, registering to grow at a CAGR of 4.9% from 2024 to 2030 according to a new report by Grand View Research, Inc. Rising spending on domestic animal, along with rapid expansion of multi-utility furniture product forms, is expected to remain the key driving factor.
Over the past few years, raising expensive breeds of dogs and cats has been a status symbol across the globe. In addition, rising number of nuclear families in developed economies including Germany, U.K., and France has increased the domestic animal adoption rate for the family companionship.
Asia Pacific is expected to witness the fastest growth in the pet furniture market, expanding at a CAGR of 6.4% from 2019 to 2025. China, India, Japan, Australia, and South Korea are the some of the rapidly growing markets in this region. The domestic animal population in China increased from 389 million in 2013 to 755 million in 2017, growing at a significantly high rate. To cater to this growing trend, spending in this sector was pegged at USD 24 billion in 2018.
Shanghai, Beijing, Tianjin, Chengdu, and Guangzhou are the major markets in China. Rising income of consumers in this economy is boosting the demand for the product. On the other hand, 92% of cat owners and 76% of dog owners in Australia keep their pets indoors. This trend raises the demand for furniture in this nation. Furthermore, New Zealand had the highest percentage of domestic animal ownership in the global household sector in 2018, which stood at 68%.
Local and small players in this market are playing a significant role in the industry. Over the past few years, organic and ecofriendly raw materials have gained significant popularity across the globe. Most of the animals have a habit of chewing on things, which makes natural furniture more suitable. Currently, major players in this industry are focusing on this product segment to cater to the new trend. For instance, in August 2018, Nest Bedding launched a new product line of organic beds for domestic animals.
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The beds & sofas segment held the largest revenue share of 38.1% in 2023. Pet owners invest in the comfort of their pets, mirroring how they care for family members.
The cat segment led the market and accounted for a share of 35.2% in 2023, owing to the growing popularity of cat ownership, particularly among millennials.
Supermarkets & hypermarkets dominated the market with a revenue share of 46.9% in 2023. The coexistence of brick-and-mortar retail formats, including supermarkets and hypermarkets, offers consumers a convenient one-stop shopping experience for pet furniture products.
North America pet furniture market dominated the global market with a revenue share of 40.5% in 2023.
Grand View Research has segmented the global pet furniture market based on product, application, distribution channel, and region:
Pet Furniture Product Outlook (Revenue, USD Million, 2018 - 2030)
Beds & Sofas
Houses
Trees & Condos
Others
Pet Furniture Application Outlook (Revenue, USD Million, 2018 - 2030)
Cats
Dogs
Others
Pet Furniture Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
Supermarkets & Hypermarkets
Specialty Stores
Online
Others
Pet Furniture Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Asia Pacific
Japan
China
Australia
South Korea
Latin America
Brazil
Middle East & Africa
Saudi Arabia
List of Key Players in the Pet Furniture Market
Go Pet Club
Ware Pet Products
Inter IKEA Systems B.V.
PetPals Group, Inc.
MidWest Homes for Pets
North American Pet, and North American Product
Aosom LLC
MiaCara
Fable Pets, Inc.
Critter Couch Company
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